UK’s Alta Semper to inject $200m in Egypt, Africa

Cairo – Mubasher: UK-based Alta Semper Capital plans to invest $200 million in Egypt and Africa over the next two years, director and head of Cairo office said.

Investments will be pumped into the healthcare and consumer sectors, Ahmed Rady told Almal News on Thursday.

The British company had made its first investments in Egypt back in December 2016 when it partnered with CI Capital Partners to acquire a stake in Macro Holding.

On Tuesday, Alta Semper announced the inauguration of its new regional office in Cairo, Egypt.

The office will be responsible for the consumer and healthcare-focused firm’s investments in Africa and the Middle East.

Mubasher Contribution Time: 10-May-2018 13:44 (GMT)
Mubasher Last Update Time: 10-May-2018 13:44 (GMT)